Reuters Breakingviews Columnist
Swaha's Feed
Jul 24, 2015
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Tide flows against UK’s pro-EU campaigners

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

It might look like plain sailing for those who want Britain to stay in the European Union. Polls show voters back the status quo by a fair margin. But the tide is flowing against the “Yes” camp ahead of a referendum that Prime Minister David Cameron has promised to hold before end-2017.

Jul 24, 2015
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Tide flows against UK’s pro-EU campaigners

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

It might look like plain sailing for those who want Britain to stay in the European Union. Polls show voters back the status quo by a fair margin. But the tide is flowing against the “Yes” camp ahead of a referendum that Prime Minister David Cameron has promised to hold before end-2017.

Jun 22, 2015
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Euro is poor yardstick for euro existential stress

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The Greek crisis is compromising currency traders’ reputation for being the first and fastest to react to big economic or political news. The prices of southern euro zone government bonds and of European equities have fallen since European politicians began to talk openly about the possibility that Greece might default or even leave the euro. Yet, at $1.1370, the euro is trading closer to the top than the bottom of its three-month range against the dollar.

Jun 22, 2015
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Euro is poor yardstick for euro existential stress

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The Greek crisis is compromising currency traders’ reputation for being the first and fastest to react to big economic or political news. The prices of southern euro zone government bonds and of European equities have fallen since European politicians began to talk openly about the possibility that Greece might default or even leave the euro. Yet, at $1.1370, the euro is trading closer to the top than the bottom of its three-month range against the dollar.

Jun 4, 2015
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For bonds, crowds are more dangerous than Draghi

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Mario Draghi is relaxed about the excitement in the bond market. The European Central Bank president simply says higher volatility is here to stay. His press conference comment helped stoke a sharp increase in euro zone sovereign bond yields on Wednesday. But he was only stating the obvious. These days, the real hazard for bond investors is being part of too big a herd.

Jun 4, 2015
via Breakingviews

For bonds, crowds are more dangerous than Draghi

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Mario Draghi is relaxed about the excitement in the bond market. The European Central Bank president simply says higher volatility is here to stay. His press conference comment helped stoke a sharp increase in euro zone sovereign bond yields on Wednesday. But he was only stating the obvious. These days, the real hazard for bond investors is being part of too big a herd.

May 26, 2015
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Cult of central bank transparency is too powerful

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Central bankers are in a bind. The zeitgeist demands that such unelected and powerful policymakers share every twist and turn of their deliberations. But while some transparency is good, more is not always better.

May 26, 2015
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Cult of central bank transparency is too powerful

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Central bankers are in a bind. The zeitgeist demands that such unelected and powerful policymakers share every twist and turn of their deliberations. But while some transparency is good, more is not always better.

May 22, 2015
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Bankers get ammo but no ally in regulation tussle

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Bankers who carp about regulation have received new ammunition from an unexpected source: the central banks’ own central bank. But the Bank for International Settlements (BIS) is no ally.

May 15, 2015
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Bond turmoil signals new era of return-free risk

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

U.S. and German government bonds are gyrating as they rarely do. Yields are shooting higher for no apparent reason, and sometimes falling back within hours for equally unclear motives. Such turbulence in the biggest and most liquid bond markets is ushering in a new era. The traditional concept of risk-free returns has been turned on its head.

    • About Swaha

      "Swaha is a columnist for Reuters Breakingviews. She has been covering financial markets and policymaking for 22 years, reporting on key economic and monetary milestones and breaking market-moving news. She was responsible for regional FX, bonds and stock market teams as Reuters EMEA Markets editor between 2008 and 2013. She was Senior Economics Correspondent in France between 2005 and 2008, European Economics and Monetary Affairs Correspondent in Brussels between 2001 and 2005 and headed up the Reuters FX reporting desk in London between 1998 and 2001. Swaha previously worked at Bloomberg, Euromoney and IDEA."
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